Jordan - Discount Bond

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Discount Bond

 Discount Bond issued under the Brady Plan debt restructuring agreement.  Eligible for tendering in local privatizations.


Obligor: The Jordan Discount Bond Company Limited
Guarantor: The Hashemite Kingdom of Jordan
Issue Size: USD 157,442,166
Maturity: December 23, 2023
Interest Rate: 6-month LIBOR plus 13/16%
Coupon Frequency: Semi-annual
Coupon Dates: June 23 & and December 23
Day Count: 30/360
Issue Date: December 23, 1993
Amortisation: None, bullet at maturity
Options: Callable at par with accrued interest on coupon dates if no default.
Currency: USD only
Form of Instrument: Registered securities
Denominations: $250,000 and integral multiples thereof
Credit Rating: Not rated
Principal Collateral: 30-year zero-coupon US Treasury bonds
Interest Payment Collateral: 6-month rolling interest payments guarantee at an assumed interest
rate of 7% secured by USD cash or permitted investments.
   

Registered Bond

Listing: Luxembourg
Bloomberg Ticker: JORDAN
CUSIP: TT3154305
ISIN: XS0048067861
Common Code: 004806786
Valoren: 170881
France: 856786